Plan Snapshot
- Plan Sponsor: Procentrix, LLC
- Sponsor EIN: 204737043
- Sponsor Address: 2551 DULLES VIEW DRIVE, STE. 600, HERNDON, VA, 20171
- Plan Type: DC
- Total Participants: 373
- Total Assets: $40.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 373 | $40.7M | $1.7M | $4.3M |
| 2023 | 354 | $32.0M | $1.5M | $3.7M |
| 2022 | 299 | $22.7M | $1.2M | $2.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $170,966 | — | $170,966 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | — | $63,407 | $63,407 |
| CST GROUP | ACCOUNTANT | — | $13,500 | $13,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $247,873
- Estimated Expense Ratio: 0.609% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $170,966 | — | $170,966 | — | — |
| 2023 | $100,962 | — | $100,962 | — | — |
| 2022 | $69,721 | — | $69,721 | — | — |